Land for Auction Palam Colony New Delhi 24.2 Lakh by Punjab National Bank
Palam Colony, New Delhi
Area: 75 sq. yards
RZ/6K/11/563, Revenue Estate Village Nasirpur Colony Indra Park, Palam Colony, Delhi 110045
Punjab National Bank · Asset Recovery Management Branch East Delhi
Reserve price
₹24,20,000
EMD ₹2,42,000
Auction date
07 Aug 2026, 11:00 AM
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Quick read
- ▸Possession: Symbolic
- ▸Area: 75 sq. yards
- ▸Locality: Palam Colony
- ▸Reserve: ₹24,20,000
- ▸EMD: ₹2,42,000
Auction snapshot
| Possession | Symbolic |
| Property type | Land · Residential |
| Locality | Palam Colony |
| Built-up / plot area | 75 sq. yards |
| Lender | Punjab National Bank |
| Branch | Asset Recovery Management Branch East Delhi |
| Unit / flat no. | RZ/6K/11/563 |
| Floor | 3rd Floor |
| Auction type | SARFAESI Auction |
| Bid increment | ₹25,000 |
| Service provider | BAANKNET |
About this property
Land bank auction in Palam Colony, New Delhi by Punjab National Bank — reserve price ₹24,20,000, 75 sq. yards, Symbolic possession.
Participate in this bank auction property opportunity featuring a residential flat in Palam Colony, New Delhi. This property, located at RZ/6K/11/563, features 75 sq. yards of area on the 3rd floor with roof rights. Situated in the well-connected Nasirpur Colony Indra Park area, this unit is being auctioned by Punjab National Bank. With a reserve price of ₹24,20,000 and an EMD of ₹2,42,000, this is a prime opportunity for budget-conscious buyers looking for residential real estate in Delhi. The auction is scheduled for July 8, 2026. Secure your bid for this Delhi property before the submission deadline of July 6, 2026. Don't miss out on this transparent bank auction process for a residential asset in a high-demand locality.
GeoSquare note: The property is located in a well-established residential area of Palam Colony, New Delhi, offering good connectivity and residential utility. The reserve price is competitively set for the region, making it an attractive investment for end-users, though buyers should note the symbolic possession status and conduct standard due diligence regarding the building's documentation.
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